Crypto Market Adds $170 Billion in 10 Days as Bitcoin Reclaims $64K: Here’s What’s Driving the Surge

Multiple Supporting Factors Converge

The crypto marketplace has added $170 billion successful worth since the commencement of the month. Aggregate capitalization stood astatine $2.28 trillion connected July 11, up 1.2% implicit 24 hours, with regular trading volume adjacent $62.8 billion.

Total market cap of the crypto manufacture implicit the past week, per Coingecko.

Bitcoin has led the determination with the largest cryptocurrency trading adjacent $64,100, up 1.39% connected the day, giving it a marketplace worth of astir $1.28 trillion and a 56.4% stock of the wide market. Ether, the second-largest asset, holds astir 9.49% of full capitalization.

The rally traces backmost to the month’s open, erstwhile Federal Reserve commentary lifted bitcoin backmost supra $60,000 connected July 1 and acceptable the code for a steadier tape. Exchange-traded money (ETF) flows followed the price. U.S. spot bitcoin ETFs pulled successful $265.69 million connected July 6, their strongest time of the young month, and a $222 cardinal rebound led by Fidelity’s FBTC had already snapped a 10-day, $2.73 cardinal outflow streak successful aboriginal July.

By Friday, the funds had banked a $90.44 million league and sealed their archetypal play nett inflow since May, a milestone flow-watchers dainty arsenic a proxy for returning organization appetite. Ether products added $18.43 cardinal the aforesaid day, suggesting the re-engagement is not constricted to bitcoin.

A Recovery With a Long Way to Go

Even aft the 10-day climb, the marketplace sits acold beneath past autumn’s levels. Bitcoin peaked around $126,000 successful October 2025 earlier a drawdown of astir 50%, and June’s descent (which concisely pushed XRP to a yearly low adjacent $1.01 and squeezed leveraged traders retired of the market) near sentiment severely bruised. The $170 cardinal rebuild recovers lone a fraction of the worth erased since the peak.

Bears enactment that recoveries of this size person failed before, including a little bounce successful aboriginal June that faded wrong days. What happens implicit the coming days and weeks volition apt hinge connected Federal Reserve signals that lifted the marketplace disconnected its July 1 level arsenic good arsenic the merchandise of U.S. inflation data.

Moreover, immoderate commentary from the Fed volition besides apt trial whether the macro tailwind holds. Closer to home, Monday’s ETF travel information volition besides amusement whether institutions travel done connected the archetypal greenish week since May oregon whether the $170 cardinal rebound was different caput fake successful a choppy year. Interesting times ahead.